Money laundering
Understand the Problem
The question is likely asking for information about money laundering, which is the process of making illegally obtained money appear legitimate. It may seek to understand the methods, implications, or legal aspects involved in money laundering.
Answer
Disguising illicit money as legal money.
Money laundering involves disguising financial assets derived from criminal activities so they appear to come from a legal source.
Answer for screen readers
Money laundering involves disguising financial assets derived from criminal activities so they appear to come from a legal source.
More Information
Money laundering typically involves three stages: placement, layering, and integration, which together conceal the origins of the money.
Sources
- What Is Money Laundering? - Investopedia - investopedia.com
- Money laundering - Wikipedia - en.wikipedia.org
- Money Laundering Overview - Department of Justice - justice.gov
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